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24th Nov · SEBI-Registered Analyst

Vijayaa Diagnostic Centre – Technical Outlook

VIJAYA
Vijayaa Diagnostic Centre – Technical Outlook (SEBI Reg. INH000019886 | Educational Purpose Only) 🔹 Technical View: The stock has broken out from a long falling wedge pattern after multiple retests of the lower trendline. Recent candles show strong buying interest near ₹1,000 support, with Bollinger Bands opening up to signal momentum expansion. 🔹 Indicators: RSI is recovering from lower levels, showing early strength. MACD turning upward, indicating a potential trend reversal. Volume spike adds confirmation to the breakout move. 🔹 Key Levels: Immediate Resistance: ₹1,052 – sustained close above this can accelerate upside. Supports: ₹1,018 / ₹985 Upside Target Zone: ₹1,180–₹1,220 post confirmed wedge breakout. 🔹 Bias: Momentum shifting positive after a prolonged consolidation; further strength likely above ₹1,052. ⚠️ Disclaimer: Educational analysis only; not a buy/sell recommendation.

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